One for the future? Ardagh to offload metal containers unit
There is speculation weekly if not daily about deals and mergers in the packaging and processing industry: one worth keeping an eye on could be Ardagh and its metal containers unit - Oressa.
Several private equity firms have reportedly been sniffing around.
The business operates 54 production facilities in 20 countries, serving 1,300 customers and employing 7,300 people.
Ardagh said earlier this year that its objective is to raise total proceeds of €2bn from equity and debt issuance by Oressa.
